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IDBI Bank mobilises Rs 1000 crore

Capital Market

Through private placement of Basel III Compliant Tier 2 bonds

IDBI Bank has mobilised Rs 1000 crore through issue of Basel III Compliant Tier 2 bonds on private placement basis to strengthen Bank's capital adequacy. The entire issue has been subscribed by Employee's Provident Fund Organisation.

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First Published: Dec 31 2015 | 6:20 PM IST

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